Register Blogs Advertise with usHelp Desk Today's Posts Search

Showing results 1 to 56 of 563
Search took 0.81 seconds.
Search: Posts Made By: Thomas Smale
Forum: Freemarket.com Discussion 30th November 2015, 12:36 PM
Replies: 17
Views: 3,226
Posted By Thomas Smale
Re: Website for sale

That link is 5 years old. If you're looking for alternative places to sell your website try this post.

Try this one instead: 4 Best Website Brokers to Sell Your Website...
Forum: Freemarket.com Discussion 30th November 2015, 12:29 PM
Replies: 16
Views: 2,562
Posted By Thomas Smale
Re: Over $1000/Month profit -- How much should I sell it for?

Typically, online businesses are valued between 2-3x annual net profit. There are several factors that will move the valuation needle between 2 and 3 but the most important factor is the time...
Forum: Main Internet Marketing Discussion Forum 5th November 2015, 04:59 AM
Replies: 14
Views: 702
Posted By Thomas Smale
Re: How much this website worth?

Hi Daniel,

The average multiple for businesses that we sell are 2-3x annual net profit or 24-36x monthly if you will. More specifically we base our valuations on Seller Discretionary Earnings...
Forum: Main Internet Marketing Discussion Forum 3rd November 2015, 04:25 AM
Replies: 7
Views: 395
Posted By Thomas Smale
Re: How To List Aged Domain And Content for Sale?

Try the Freemarket section: Freemarket.com Discussion (http://www.warriorforum.com/freemarket-com-discussion/)
Forum: Freemarket.com Discussion 2nd November 2015, 03:51 AM
Replies: 4
Views: 1,854
Posted By Thomas Smale
Re: I Need Your Expertise on Selling My Extensive Etsy Website Package

You've omitted the one detail that helps answer your question... how profitable your website is!

We sell websites based on a multiple of annual net profit which is roughly between 2-3 (or 24-36x...
Forum: Main Internet Marketing Discussion Forum 29th October 2015, 06:57 AM
Replies: 8
Views: 414
Posted By Thomas Smale
Re: Where Can I list and Sell My Well Established Ecommerce website?

Happy to take a look at this and see if we can help you sell your business.

Provided a website is making at least $500 per month in profit and has steady or consistent growth over 6 months or...
Forum: Warrior Forum Classified Ads 26th October 2015, 08:52 AM
Replies: 9
Views: 634
Posted By Thomas Smale
Re: $40,000/month website for sale.

I would need a few more details before I could let you know whether we can help you or not. You haven't mentioned net profit which is what we base valuations on (more specifically seller...
Forum: Main Internet Marketing Discussion Forum 9th October 2015, 04:07 AM
Replies: 2
Views: 218
Posted By Thomas Smale
Re: Advice on buying this site

Regardless of where you buy through a marketplace or broker, doing your own due diligence is important and you're asking the right questions.

Use Ahrefs or Opensiteexplorer to take a look at the...
Forum: Warrior Forum Classified Ads 9th October 2015, 04:00 AM
Replies: 4
Views: 566
Posted By Thomas Smale
Re: <SERIOUS> FULL Passive-Income Business For Sale

Jan, Why have you valued your business at such a low multiple? We typically list businesses for 24-36x monthly profit (or SDE to be specific).

If you want a second opinion, feel free to get in...
Forum: Main Internet Marketing Discussion Forum 5th October 2015, 05:42 AM
Replies: 5
Views: 278
Posted By Thomas Smale
Re: Where to Go In A Pinch?

Sorry to hear about your current situation. It happens more often than you think and we have dealt with a few sellers who have been in a similar boat.

For a fast sale you're looking for a broker...
Forum: Main Internet Marketing Discussion Forum 29th September 2015, 08:03 AM
Replies: 16
Views: 414
Posted By Thomas Smale
Re: How much is this worth?

It's already been stated here but a website's value is predominately based on a multiple of profit.

The average multiple for a website is roughly 2-3x annual net profit (more specifically Seller...
Forum: Main Internet Marketing Discussion Forum 29th September 2015, 07:39 AM
Replies: 16
Views: 633
Posted By Thomas Smale
Re: Buying a Turn-key Business

I think the term "established" is being used very loosely there.

We define "established" as a website that is producing growing, or at least consistent, profit over a period of at least 6 months!
Forum: Main Internet Marketing Discussion Forum 23rd September 2015, 05:33 AM
Replies: 3
Views: 284
Posted By Thomas Smale
Re: Where Can I Sell Websites Without Paying Listing Fees?

Most marketplaces will charge an upfront fee. If you only want to pay a fee on completion, try a broker. Here's a post that mentions some of the best website brokers...
Forum: Freemarket.com Discussion 20th September 2015, 08:51 AM
Replies: 18
Views: 4,538
Posted By Thomas Smale
Re: Website Buying and Selling Portals

As this is a new website that is not generating any revenue, a marketplace/auction would be best for this. As a website broker we only deal with websites making at least $500 per month.

Try the...
Forum: Main Internet Marketing Discussion Forum 20th September 2015, 08:40 AM
Replies: 11
Views: 431
Posted By Thomas Smale
Re: How much is this website worth? Help much appreciated

Agree with what has already been stated. The value of an established online business is based on annual net profit (or seller discretionary earnings to be precise). The average multiple is currently...
Forum: Freemarket.com Discussion 30th June 2015, 06:28 AM
Replies: 10
Views: 4,496
Posted By Thomas Smale
Re: Any Investors Here?

Are you looking for more acquisition opportunities or just making a general observation? Feel free to get in touch if you or your clients are looking to invest. We only sell established profitable...
Forum: Freemarket.com Discussion 30th June 2015, 06:18 AM
Replies: 12
Views: 5,963
Posted By Thomas Smale
Re: What Are Buyers Looking For To Invest In?

That's why we use an Escrow service ;)

To answer your question, broadly speaking, buyers should be looking at 3 fundamental aspects of an established online business.

Traffic

Are the...
Forum: Freemarket.com Discussion 17th April 2015, 02:11 AM
Replies: 6
Views: 6,780
Posted By Thomas Smale
Re: question, rules for finding legit buy

As you have correctly pointed out, there are some pitfalls to buying an established online business.

There is actually a free 83 page ebook that covers everything from business models and the...
Forum: Freemarket.com Discussion 17th April 2015, 02:00 AM
Replies: 5
Views: 5,464
Posted By Thomas Smale
Re: Any ideas on what this website with 50,000 email addresses would be worth?

I have to agree. This opportunity is ripe for monetization. Website valuation is based on historic annual net profit and not speculative revenue.

This short read will give you the basics of what...
Forum: eCommerce Sites, Wholesaling & Drop Shipping 16th April 2015, 10:40 AM
Replies: 19
Views: 4,007
Posted By Thomas Smale
Re: Where to sell our site?

If your website is making less than $500 per month, we would recommend selling your website through a marketplace such as Flippa or FreeMarket.

If your website is making between $5k-$1m net a year...
Forum: Freemarket.com Discussion 16th April 2015, 09:49 AM
Replies: 7
Views: 4,884
Posted By Thomas Smale
Re: BreakaMillion.com - sell or build?

If you're looking to make a quick buck then you might as well just sell it. You could try DomainHoldings.com and see if they would be interested.

On the other-hand if you have the time and...
Forum: Main Internet Marketing Discussion Forum 16th February 2015, 03:54 AM
Replies: 12
Views: 665
Posted By Thomas Smale
Re: How to sell a business with recurring income

Paypal is one of the more awkward payment processors, but as mentioned above, *business* accounts can be transferred. There's no way to do it without handing the account over to a new owner. Best...
Forum: Main Internet Marketing Discussion Forum 22nd January 2015, 07:34 AM
Replies: 25
Views: 1,293
Posted By Thomas Smale
Re: Landed a client today! ($800-$1000) Per Month Every Month..

Agreed. Poor way to conduct business. I've always found honesty to be a sustainable way of keeping clients happy, building a good reputation and not being in a situation where I've agreed to do...
Forum: Main Internet Marketing Discussion Forum 20th January 2015, 03:49 AM
Replies: 7
Views: 399
Posted By Thomas Smale
Re: How to calculate value of my site

An automated tool can never give you an accurate valuation, especially where it doesn't take into account financials. You should completely ignore automated tools - it could be far too high or far...
Forum: Main Internet Marketing Discussion Forum 19th January 2015, 06:00 AM
Replies: 16
Views: 2,427
Posted By Thomas Smale
Re: Empire Filppers or Flippa??

On the bidder side, the 100 motivated millionaires was a hypothetical example. Flippa may have "500,000" buyers, but as you know, that doesn't mean much when selling a legitimate business. A broker...
Forum: Main Internet Marketing Discussion Forum 19th January 2015, 03:51 AM
Replies: 16
Views: 2,427
Posted By Thomas Smale
Re: Empire Filppers or Flippa??

It's not about the number of buyers. It's about the quality. You would be better off marketing a business to 100 motivated millionaires than 500,000 random people. There's also been a...
Forum: Main Internet Marketing Discussion Forum 7th January 2015, 01:49 PM
Replies: 39
Views: 2,187
Posted By Thomas Smale
Re: Bought an e-commerce site on Flippa.. starting to get cold feet

Why not? It's a scam. The seller should count themselves lucky they aren't getting sued.
Forum: Main Internet Marketing Discussion Forum 7th January 2015, 06:12 AM
Replies: 39
Views: 2,187
Posted By Thomas Smale
Re: Bought an e-commerce site on Flippa.. starting to get cold feet

The site is a scam. I've already shown you in my answer here:...
Forum: Main Internet Marketing Discussion Forum 2nd January 2015, 11:15 AM
Replies: 39
Views: 2,187
Posted By Thomas Smale
Re: Bought an e-commerce site on Flippa.. starting to get cold feet

I said that I assume you have never bought a site [with audited financials] as this is not what happens in reality. If a buyer through my brokerage (or any other reputable broker I know) asked for...
Forum: Main Internet Marketing Discussion Forum 2nd January 2015, 04:38 AM
Replies: 39
Views: 2,187
Posted By Thomas Smale
Re: Bought an e-commerce site on Flippa.. starting to get cold feet

[THIS SITE IS A SCAM - READ IN FULL]

Who is going to provide audited financials for a site making a few hundred a month? That would be a ridiculous request and would never get done. It's very rare...
Forum: Main Internet Marketing Discussion Forum 16th December 2014, 12:18 PM
Replies: 27
Views: 998
Posted By Thomas Smale
Re: Is 5 X too much to ask for forums that pull $140k per year?

A lot of nonsense advice in this thread as usual. If you don't know what you are talking about, you shouldn't be giving financial advice on a forum. What if the OP listened to some of the advice and...
Forum: Main Internet Marketing Discussion Forum 26th November 2014, 07:18 AM
Replies: 4
Views: 509
Posted By Thomas Smale
Re: How much is my website worth?

Automated tools will never be accurate. Some might give you a reasonable indication (such as EmpireFlippers's tool: How Much Is My Website Worth? Website Valuation Tool - Empire Flippers...
Forum: Main Internet Marketing Discussion Forum 20th November 2014, 07:23 AM
Replies: 3
Views: 1,039
Posted By Thomas Smale
Re: Automatically Accepting Bids on Flippa

Usually a simple message will weed out most "bad" bidders. Those who bid just for the sake of it and have no intention of paying.

I would usually just ask for a short background on them and their...
Forum: Main Internet Marketing Discussion Forum 11th November 2014, 04:48 AM
Replies: 50
Views: 2,096
Posted By Thomas Smale
Re: I sold a site for $11 and it's since made over $10,000

This is bullshit.

Let's use your logic in a different scenario.

You sell a house to someone. The house has 3 sets of keys. They forget to collect 1 set, so you still have them. Does that mean...
Forum: Main Internet Marketing Discussion Forum 8th August 2014, 05:56 AM
Replies: 19
Views: 4,018
Posted By Thomas Smale
Re: Any good Flippa alternatives?

If you're buying, it really depends what your budget is. Below $40-50k you really don't have many "safe" options - that level is full of scams. If you don't want to use Flippa, then EmpireFlippers...
Forum: Main Internet Marketing Discussion Forum 30th May 2014, 06:19 AM
Replies: 16
Views: 1,268
Posted By Thomas Smale
Re: A Bad Flippa Purchase - Advice Required Please

For <$10k cross jurisdiction it's highly unlikely to be worth the effort.

Does he have a signed purchase agreement? Was everything outlined in the agreement delivered?
Forum: Main Internet Marketing Discussion Forum 19th May 2014, 10:19 AM
Replies: 9
Views: 452
Posted By Thomas Smale
Re: Looking to Sell A Site, What is it Worth?

Not going to be worth much. Best to just auction it on Flippa with a low starting/bid and reserve and let the market decide.

Anyone offering a valuation will just be guessing.
Forum: Main Internet Marketing Discussion Forum 2nd May 2014, 09:47 AM
Replies: 8
Views: 1,077
Posted By Thomas Smale
Re: 10% Flippa fees and escrow fees

DigitalPoint used to be pretty good, I'd imagine for smaller sites it's quicker and easier (and cheaper) to sell there. You might get a little less than Flippa but it doesn't cost anything and the...
Forum: Main Internet Marketing Discussion Forum 2nd May 2014, 02:51 AM
Replies: 15
Views: 1,070
Posted By Thomas Smale
Re: Website Flipping

Options vary, depending on the size of the site. For smaller sites, Flippa is probably still the best option, though.
Forum: Main Internet Marketing Discussion Forum 2nd May 2014, 02:27 AM
Replies: 8
Views: 1,077
Posted By Thomas Smale
Re: 10% Flippa fees and escrow fees

Escrow fees are totally separate than Flippa fees.

Read this for a breakdown of Flippa fees (this was basic and didn't include any extra costs, such as a featured listing):
...
Forum: Main Internet Marketing Discussion Forum 14th April 2014, 10:33 AM
Replies: 7
Views: 443
Posted By Thomas Smale
Re: Selling Your Website More Than What Flippa Offers

I've sold well over $10m in sites to a variety of clients. I'm not sure I believe his - offline buyers usually have far higher expectations than "online" buyers in terms of revenue history etc. and...
Forum: Main Internet Marketing Discussion Forum 14th April 2014, 08:38 AM
Replies: 7
Views: 443
Posted By Thomas Smale
Re: Selling Your Website More Than What Flippa Offers

Have you really?

My experience with most offline buyers is they are significantly harder to deal with and need a lot more reassuring before purchasing (and can often be more hassle after the...
Forum: Main Internet Marketing Discussion Forum 1st April 2014, 04:35 AM
Replies: 10
Views: 913
Posted By Thomas Smale
Forum: Main Internet Marketing Discussion Forum 28th March 2014, 08:47 AM
Replies: 5
Views: 543
Posted By Thomas Smale
Re: Interesting in buying site on flippa.com

90% referral is extremely high - want to PM me a link and I'll take a look?

In all my years of doing this, I don't think I've ever seen a legitimate site with that much referral traffic so I would...
Forum: Main Internet Marketing Discussion Forum 26th March 2014, 01:39 PM
Replies: 15
Views: 7,529
Posted By Thomas Smale
Re: Sedo or Flippa for selling a domain?

Sedo is MUCH larger for domain sales. Flippa are gaining market share, though, and probably a better option for a lower end domain that would struggle to get exposure on a larger marketplace.

If...
Forum: Main Internet Marketing Discussion Forum 24th March 2014, 06:27 AM
Replies: 16
Views: 1,384
Posted By Thomas Smale
Re: Accepting bids on Flippa

Escrow isn't that much more expensive than Paypal.

On a $1000 transaction it would be $32.50 on Escrow (plus wire fees) or ~$29.30 in Paypal fees. I would rather pay a little more to be safe EVERY...
Forum: Main Internet Marketing Discussion Forum 23rd March 2014, 03:19 PM
Replies: 16
Views: 1,384
Posted By Thomas Smale
Re: Accepting bids on Flippa

Paypal isn't safe at all. Only use it for small transactions (<$1k) where the buyer has an established history. If you don't you're running the risk of getting scammed - that's not to say you will...
Forum: Main Internet Marketing Discussion Forum 23rd March 2014, 01:58 PM
Replies: 16
Views: 1,384
Posted By Thomas Smale
Re: Accepting bids on Flippa

At the level you are selling, I doubt you will get many regular buyers with a lot of feedback - they would mainly be buying larger sites. So, I wouldn't let the buyers with little history put you...
Forum: Main Internet Marketing Discussion Forum 18th March 2014, 01:37 PM
Replies: 3
Views: 665
Posted By Thomas Smale
Re: Anyone using Skrill? Is it safe for Flippa sale?

If it's over $10k, accept Escrow only. I wouldn't risk Skrill, even if the buyer's reason is legitimate.
Forum: Main Internet Marketing Discussion Forum 17th March 2014, 06:48 AM
Replies: 7
Views: 653
Posted By Thomas Smale
Re: Is Flippa still the best place to sell your website?

That's actually my company you linked to, thanks for the mention, though!

The market is a lot more fragmented over $50k. Very few deals of that size happen on Flippa and the deals for higher...
Forum: Main Internet Marketing Discussion Forum 17th March 2014, 05:31 AM
Replies: 7
Views: 653
Posted By Thomas Smale
Re: Is Flippa still the best place to sell your website?

Depends on the price range. If you're looking to buy/sell in the <$20k range there are quite a few smaller marketplaces, but Flippa definitely owns the market there. You could also check out Empire...
Forum: Main Internet Marketing Discussion Forum 13th March 2014, 09:55 AM
Replies: 15
Views: 1,101
Posted By Thomas Smale
Re: Flippa, I just can't believe

Did you not realise it had gone up pre-listing?
Forum: Main Internet Marketing Discussion Forum 5th March 2014, 06:16 AM
Replies: 3
Views: 363
Posted By Thomas Smale
Re: Best Places To Sell Websites

How big are the sites? Options really depend on the size.
Forum: Main Internet Marketing Discussion Forum 27th February 2014, 02:49 AM
Replies: 18
Views: 948
Posted By Thomas Smale
Re: Why people sell their valuable Websites on Flippa?

There are lots of legitimate reasons, but also lots of non-legitimate reasons. First thing to realise is that on Flippa (and other marketplaces) there are a LOT of scams. Just because someone is...
Forum: Main Internet Marketing Discussion Forum 19th February 2014, 09:42 AM
Replies: 7
Views: 698
Posted By Thomas Smale
Re: How to receive big chunks of money

What do you define as "big"? Like I said, I often pay invoices through Stripe and they are usually $XXXX or more.
Forum: Main Internet Marketing Discussion Forum 17th February 2014, 06:11 AM
Replies: 7
Views: 698
Posted By Thomas Smale
Re: How to receive big chunks of money

Get a proper merchant account. Stripe is widely used by service providers I work with and I've paid a number of $XXXX-$XX,XXX invoices through them.
Showing results 1 to 56 of 563

 
Forum Jump


All times are GMT -6. The time now is 02:41 AM.